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Persistent link: https://www.econbiz.de/10011724527
retirement reduced their non-housing saving rate by 3.5 percentage points, on average. This mean effect is driven by high … interpretation is that the survey acted as a salience shock, possibly with respect to reduced housing costs in retirement. …
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expenditures and needs in retirement reduced their non-housing saving rate by 3 percentage points. The size of the effect is …
Persistent link: https://www.econbiz.de/10010483822
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-mandatory retirement savings. Therefore we analyze the intra-household allocation of retirement savings between partners in Germany taking …. These results additionally show a "crowding-in" of total retirement savings amounts between spouses, probably due to some … "peer effect". The unitary model of household decision making can thus be rejected with respect to retirement savings. …
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This paper develops and estimates a dynamic model of individuals' and couples' labor supply, savings, and retirement … increasing women's retirement age to be equal to men's …
Persistent link: https://www.econbiz.de/10012297945
-mandatory retirement savings. To answer this question we analyze the intra-household allocation of retirement savings between partners in … of household decision making can thus be rejected with respect to retirement savings. …Traditionally, households have been seen as acting as a single unit when it comes to savings. Although this might be …
Persistent link: https://www.econbiz.de/10011434405
better retirement planning. However, relatively little is known about the decision making process for retirement savings … preparation for retirement. This paper investigates the relationship between the financial literacy of members of pre-retirement …
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